Reserve Bank of India

Banking News·Reserve Bank of India·supreme court

Supreme Court Appoints Former CJI B.R. Gavai as Mediator in Sajal Dutta vs RBI Case

Matter arising from Calcutta High Court order to be taken up after eight weeks New Delhi : The Supreme Court has referred a dispute between Sajal Dutta and the Reserve Bank of India (RBI) to mediation, with the parties consenting to the

September 25, 2026

Banking News·Reserve Bank of India

RBI Bond Sales Help Reduce Banking System Liquidity Surplus to ₹6 Lakh Crore

OMO bond sales and cash withdrawals for GST payments help absorb excess liquidity; call rate moves closer to policy repo rate The Reserve Bank of India’s (RBI) measures to absorb excess liquidity through bond sales are beginning to show an impact, with

September 22, 2026

Banking News·Reserve Bank of India·UPI

UPI MDR: RBI Says Fee on High-Value Merchant Payments Is Unlikely to Push Users Back to Cash

RBI Deputy Governor Shirish Chandra Murmu said concerns that introducing MDR on UPI payments could increase cash usage may be overstated, even as currency in circulation continues to rise alongside digital payments. Kolkata, September 19, 2026: The Reserve Bank of India (RBI)

September 19, 2026

Banking News·Reserve Bank of India

Supreme Court Backs RBI Power to Supersede Multi-State Co-operative Bank Boards for Up to 5 Years

In a landmark ruling, the Court says RBI’s statutory power under Section 36AAA of the Banking Regulation Act is not curtailed by the six-month limit under Article 243ZL New Delhi: The Supreme Court has upheld the Reserve Bank of India’s (RBI) power

September 4, 2026

Banking News·Delhi·India·Reserve Bank of India

Two Prominent Figures Join RBI Central Board as Part-Time Non-Official Directors

Former ISRO Chairman S. Somanath appointed, while Anand Mahindra re-appointed to the Reserve Bank of India’s Central Board for four years New Delhi: The Central Government has appointed S. Somanath, former Chairman of the Indian Space Research Organisation (ISRO), as a part-time,

August 22, 2026

Banking News·Delhi·India·Mumbai·Reserve Bank of India

RBI Move Triggers Rush Among Banks to Mobilise FCNR(B) Deposits

Banks are accelerating efforts to raise foreign currency deposits after the RBI decided to end its concessional FCNR(B) swap facility earlier than scheduled; total mobilisation could reach $60-70 billion by August-end Mumbai/New Delhi: The Reserve Bank of India’s (RBI) decision to end

August 17, 2026

Banking News·Delhi·Government of India NEWS·India·Reserve Bank of India

Government Approves One Billion ₹10 and ₹20 Polymer Banknotes Each for Field Trials

New notes will circulate alongside existing paper currency; no plan to replace conventional banknotes New Delhi : The Central Government has approved the Reserve Bank of India’s (RBI) proposal to introduce one billion polymer banknotes each in the ₹10 and ₹20 denominations

August 12, 2026

Banking News·Reserve Bank of India

RBI Tightens Loan Recovery Rules to Protect Borrowers From Harassment

New rules require lenders and recovery agents to follow strict conduct standards, including restrictions on calling hours, use of abusive language and sharing borrowers’ personal information New Delhi: The Reserve Bank of India (RBI) has introduced stricter rules governing loan recovery practices

August 8, 2026

Banking News·Delhi·India·Reserve Bank of India

Best of BS Opinion: RBI Faces Inflation Challenge, Employment Concerns, UPI Charges Debate and India’s Nutrition Security Transition

New Delhi: A series of opinion pieces published by Business Standard explores some of India’s most pressing economic and policy challenges, including the Reserve Bank of India’s (RBI) inflation outlook, life insurance policy surrenders, employment generation, the proposed Merchant Discount Rate (MDR)

August 6, 2026

Banking News·Delhi·India·Reserve Bank of India

RBI’s Capital-Flow Measures Attract Nearly ₹3.89 Lakh Crore, Strengthening India’s External Buffers

New Delhi / The Reserve Bank of India (RBI) has achieved a significant milestone in its efforts to strengthen the country’s external financial position, with its special capital-flow measures attracting nearly ₹3.89 lakh crore in foreign capital since their launch in June

August 1, 2026

Banking News·India·Mumbai·Reserve Bank of India

RBI Cracks Down on Cooperative Banks: Penalties Imposed Across Four States for KYC, Governance, Audit, and Lending Violations

Reserve Bank of India Fines Six Cooperative Banks for Regulatory Non-Compliance; Clarifies Customer Transactions Remain Unaffected By The S Bharat News DeskPublished: July 24, 2026 Mumbai, India: The Reserve Bank of India (RBI) has intensified its regulatory oversight by imposing monetary penalties

July 24, 2026

Reserve Bank of India

Supreme Court Appoints Former CJI B.R. Gavai as Mediator in Sajal Dutta vs RBI Case

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RBI Bond Sales Help Reduce Banking System Liquidity Surplus to ₹6 Lakh Crore

UPI MDR: RBI Says Fee on High-Value Merchant Payments Is Unlikely to Push Users Back to Cash

Supreme Court Backs RBI Power to Supersede Multi-State Co-operative Bank Boards for Up to 5 Years

Two Prominent Figures Join RBI Central Board as Part-Time Non-Official Directors

RBI Move Triggers Rush Among Banks to Mobilise FCNR(B) Deposits

Government Approves One Billion ₹10 and ₹20 Polymer Banknotes Each for Field Trials

RBI Tightens Loan Recovery Rules to Protect Borrowers From Harassment

Best of BS Opinion: RBI Faces Inflation Challenge, Employment Concerns, UPI Charges Debate and India’s Nutrition Security Transition

RBI’s Capital-Flow Measures Attract Nearly ₹3.89 Lakh Crore, Strengthening India’s External Buffers

RBI Cracks Down on Cooperative Banks: Penalties Imposed Across Four States for KYC, Governance, Audit, and Lending Violations

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